Analysis: Ford could close U.S. pension funding gap by end of 2014
DETROIT (Reuters) - Thanks to rising interest rates and an injection of cash, Ford Motor Co could be in a position that would have been unthinkable only a few years...
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BMW eases path to EV ownership to gain ‘meaningful’ sales
LONDON/NEW YORK (Reuters) - BMW aims to win a "meaningful" segment of the electric car market with its i-series battery-powered models by offering luxurious styling and packages designed to help...
Exclusive: Ford to build current and new F-150 pickups at same time
DETROIT (Reuters) - Ford Motor Co will produce both its current F-150 pickup and a new model for about six months to avoid disrupting sales of the top-selling U.S. vehicle...
Detroit bankruptcy to last at least a year: emergency manager
DETROIT (Reuters) - Detroit, which filed the largest-ever municipal bankruptcy in U.S. history on Thursday, could complete the process by late summer or fall of 2014, the city's emergency manager...
Ford to update software on hybrids to boost mileage
DEARBORN, Michigan (Reuters) - Ford Motor Co will offer free software updates on its hybrid models to boost their real-world fuel economy and better align with the gas mileage advertised...
Ford cuts price of 2014 electric Focus by 10 percent
DETROIT (Reuters) - Ford Motor Co. will reduce the price of its 2014 Focus Electric compact car by 10 percent, the latest in a series of price cuts by major...
GM, Honda to jointly develop hydrogen fuel-cell vehicles by 2020
DETROIT (Reuters) - General Motors Co and Honda Motor Co will jointly develop hydrogen fuel-cell vehicles over the next seven years, the latest alliance in an industry-wide effort to cut...
Ford chairman nearly doubles stake in supervoting shares: filing
DETROIT (Reuters) - Bill Ford Jr, executive chairman of Ford Motor Co and great-grandson of the company's founder, nearly doubled his holdings in a special class of supervoting shares that...
Ford, UAW tackle blue-collar healthcare costs with new program
DEARBORN, Michigan (Reuters) - Ford Motor Co is launching a two-year pilot program with the United Auto Workers and a UAW-affiliated retiree trust fund aimed at lowering the cost of...
Chrysler to freeze U.S. salaried pension plans by December 31
DETROIT (Reuters) - Chrysler Group LLC, the U.S. automaker controlled by Italy's Fiat, will freeze its U.S. pension plans for some 8,000 white-collar workers hired before 2004 on December 31....